Solar Thin Films Announces Completion of Shipments for 6MW Line to Grupo Unisolar, S.A. Company

DIX HILLS, NY--(Marketwire - June 11, 2009) - Solar Thin Films, Inc. (OTCBB: SLTN) today announced that its subsidiary Kraft Elektronikai Zrt. of Budapest, Hungary has substantially completed the shipment of equipment for a 6MW amorphous silicon photovoltaic module manufacturing facility located in Bejar, Spain for its customer Grupo Unisolar, S.A., and has commenced installation of the line which is expected to be completed by the end of 2009. Grupo Unisolar, S.A. is a long established manufacturer of solar thermal panels sold throughout Spain. With the current shipment of equipment and commencement of installation, Kraft has now completed 58% of the estimated project total value of 7.799 million Euros (or $10.92 million dollars at current exchange rates).

Peter Lewis, Group Vice President, Thin Films Division, noted, "This is an important step forward for Solar Thin Films as the shipped equipment includes improvements to the system -- a result of the recently signed Cooperation Agreement between Kraft and BudaSolar -- that will be incorporated into future deliveries of our 6MW line as well as our 18MW and 36MW semi- and fully-automated lines."

"It has been reassuring to know that the equipment for the first of two planned amorphous silicon manufacturing lines arrived as scheduled," said Gonzalo Pellejero, General Manager of Grupo Unisolar, based in Madrid and Bejar (Salamanca) Spain. "Now with the installation underway and technical crews on site to assist in the scale up, we anticipate being able to begin marketing our own line of photovoltaic modules along with our existing proprietary solar thermal offering."